Farmland Prices, Equipment Sales Decline in Monthly Index

Dan Economy, Field Crops, Livestock, Pasture

Farmland prices and farm equipment sales declined in the August Creighton University Rural Mainstreet Index. The overall index fell for the fifth straight month, for August slumped to 44.0 from 46.0 in July. The index ranges between 0 and 100, with a reading of 50.0 representing growth neutral. The region’s farmland price index for August declined to 60.0 from July’s …

How Poultry Grower Contracting and Compensation Works

Dan Economy, Poultry

USDA recently announced the public comment period had been extended for proposed rule on greater transparency in poultry contracting and the poultry tournament system. This system is unlike any other part of farming, and Rod Bain talked to a USDA official who describes how it works. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata …

Price Discovery is More Than Supply and Demand

Dan Economy

Price discovery has always been an important cog in the markets, but according to a story from Mark Oppold, It’s now more than just simple supply and demand. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024

NMPF on Inflation Reduction Act

Dan Dairy, Economy, National Milk Producers Federation (NMPF)

The National Milk Producers Federation (NMPF) recently commended the inclusion of $20 billion in new funding for USDA conservation programs in the Inflation Reduction Act. They note the funding will help dairy farmers advance their proactive sustainability leadership by enhancing farm bill conservation programs with an emphasis on key dairy areas of opportunity, including feed management. NMPF Senior Vice President of Membership …

USDA Report Indicates Rising Farmland Values

Dan Economy, USDA-NASS

U.S. farmland prices increased 12.4 percent over the last year, according to new data from the USDA National Agricultural Statistics Service (NASS). Rod Bain has more details about the recently released 2022 Land Values Summary. The annual NASS report also notes cash rents saw gains in several categories but smaller in comparison to increases in farmland real estate values. Chief Economist Seth Meyer explains differences in …

Inflation Hitting Farm Families

Dan Economy

Inflation is ‘front and center’ for agriculture and other sectors as Washington lawmakers fight over ways to control it ahead of the November midterm elections. Iowa Senator Joni Ernst says farm families are facing tough pocketbook issues at the Iowa State and county fairs this year. “We are in a recession, and a lot of these families that normally are …

Inflation Reduction Act Passes in House

Dan Climate Change, Economy, Legislative

The bill, known as the Inflation Reduction Act of 2022, secures the largest-ever investment to tackle climate change. Roughly $370 billion is dedicated to reducing harmful emissions and promoting green technology. The bill will now be sent to President Biden for his signature. With a vote of 220-207 the House approved a sprawling bill to lower prescription drug costs, address global …

Heavy-Duty Tractors and Harvesters See Gains in July

Dan Economy, Field Crops

According to the latest data from the Association of Equipment Manufacturers (AEM), U.S. ag tractor monthly unit sales fell in July, but combine sales grew. U.S. total farm tractor sales fell 21 percent in July compared to 2021, while combine sales for the month grew 9.2 percent. That’s the second straight month of gains in combines so far this year. Heavy-duty ag …

Lower Revenues for Beyond Meat

Dan Beef, Economy

Beyond Meat, the plant-based meat company is generating a lot of bad news recently. Food Fix says the company’s stock fell late last week on news it was lowering its revenue forecast for the year. That announcement came one day after saying it would lay off four percent of its workforce to burn less money. A MarketWatch article says the …